If we're going to play this game, China's economy was already declining during the Obama years before the Trump tariffs ever came. Those figures don't lie.
The sanctions Obama enacted during the Kiev crisis started the spiral of the ruble.
Iran politically has gotten stronger, as they've become the #1 target for Trump to attack. That gives them way more credibility as a threat than they had before he decertified the deal.
China has expanded their territory on the unclaimed islands, and now Duterte of the Philippines is their best friend. We see how much they're trying to suppress the Hong Kong protests indirectly.
North Korea has been given actual photo ops and credibility on the world stage despite all of Trump's play nice and "tough talk".
Saudi Arabia basically does whatever they want because as long as they buy rooms at Trump hotel, he's going to do things like declare a national emergency to bypass Congress to sell them arms. Also they murdered a US journalist and our Tough Talk POTUS didn't do a damn thing about it.
As for Russia, I don't have to explain why their position has improved. They basically are being given free reign by Trump to laugh at us and Trump will defend anything they do.
I highly recommend reading this book
https://en.m.wikipedia.org/wiki/Foun...of_Geopolitics
Everything Trump is doing right now, is pretty much textbook out of that playbook.
Forever Fredi
Only a fool would think China is about to collapse
The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.
LMAO China is about to collapse. LMAO.
You do realize that China's second in the world in Nominal GDP, More than the next 3 nations in the world combined. And their GDP has consistently grown at a rate of around 7%. They'll slow down, because they'll have to. Nature of the beast. US hasn't seen 7% since the 80s but still are the economic driving force of the game.
Stockholm, more densely populated than NYC - sturg
Frank Luntz
@FrankLuntz
·
1h
“American households will pay about $770 more each year under 25% tariffs the U.S. has imposed on $250B in Chinese goods.
Consumer costs are likely to rise more if Trump goes thru with 10% tariffs on the roughly $300B in imports not yet taxed.” #TradeWar
The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.
Frank Luntz
@FrankLuntz
·
1h
More than ¾ of farmers think they will bear the brunt of #TradeWar tariffs.
So far, U.S. farm bankruptcies are up 13% over last year.
and wondering who picks up the pieces of those banlruptcies?
Wouldn't by chance be Big Ag that profited from the tax cuts/?
Nah, they helped everyone
#$3900
The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.
Impediments to free trade make us worse off.
acesfull86 (08-12-2019)
does anyone think we have a right to protect and defend Hong Kong if China moves their army into Hong Kong for a hostile takeover?
I didnt criticize the tariffs. I dont know **** and never claimed to , about international finance.
Nor do I think anyone here does. Or, they wouldn't be here discussing international finance
I can however read and do understand $770 increase in household expenses a year would be/will be to some families crippling
While we bring China to it's knees
How is that old saying about "an eye for an eye makes everyone blind"
For the record, Frank Luntz is a (R) pollster/political consultant
The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.
acesfull86 (08-12-2019)
yeah, #$3900
.............
$770 will pay for maybe 2 weeks of daycare for those having to work two jobs.
I read yesterday youth sport in US are in decline. Not because of video games or laziness but cost.
$770 will send 2 maybe 3 10 year olds to baseball
May seem hard to believe but to many Americans $770 is an awful lot of money.
Certain here if every American household was making $770 from your boy Paul Ryan's tax cuts you'd have graphs and charts in 3 and 4D
Last edited by 57Brave; 08-12-2019 at 03:19 PM.
The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.
acesfull86 (08-12-2019)